Stanley Electric Co Ltd (JP:6923)
:6923
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Stanley Electric Co
(6923)
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Rating:78Outperform
Price Target:
¥3,486.00
▲(9.80% Upside)
Action:ReiteratedDate:10/23/25
Stanley Electric Co's strong financial performance is the most significant factor, supported by solid technical indicators and a fair valuation. The company's robust financial health and positive market momentum contribute to a favorable stock score.
Positive Factors
Balance sheet strength
Very low leverage and a high equity ratio provide durable financial flexibility. This conservatism supports multi-year program investments, shields operations during automotive cycles, and allows funding for R&D, capex or strategic wins without stressing liquidity.
Negative Factors
Free cash flow decline
A 40.7% drop in free cash flow signals weaker residual cash after capex and working capital. If persistent, this can limit capital returns, slow opportunistic investments, and pressure liquidity during downturns despite strong operating cash metrics; needs monitoring.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance sheet strength
Very low leverage and a high equity ratio provide durable financial flexibility. This conservatism supports multi-year program investments, shields operations during automotive cycles, and allows funding for R&D, capex or strategic wins without stressing liquidity.
Read all positive factors
Stanley Electric Co (6923) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥283.77B
Dividend Yield2.88%
Average Volume (3M)654.85K
Price to Earnings (P/E)8.6
Beta (1Y)0.78
Revenue Growth4.86%
EPS Growth10.95%
CountryJP
Employees16,778
SectorConsumer Cyclical
Sector Strength84
IndustryAuto - Parts
Share Statistics
EPS (TTM)82.71
Shares Outstanding126,000,000
10 Day Avg. Volume712,470
30 Day Avg. Volume654,850
Financial Highlights & Ratios
PEG Ratio0.51
Price to Book (P/B)0.90
Price to Sales (P/S)0.86
P/FCF Ratio19.18
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)243.55
Revenue Forecast (FY)¥506.14B
Stanley Electric Co Business Overview & Revenue Model
Company Description
Stanley Electric Co., Ltd., together with its subsidiaries, manufacture, sells, and import/export of automotive and other light bulbs. It operates through Automotive Equipment, Electronic Components, and Applied Electronic Products segments. The A...
How the Company Makes Money
Stanley Electric generates revenue through the sale of automotive lighting products and electronic components. The company primarily earns money by supplying original equipment manufacturers (OEMs) and aftermarket customers with high-quality light...
Stanley Electric Co Financial Statement Overview
Summary
Income Statement
89
Very Positive
Balance Sheet
85
Very Positive
Cash Flow
82
Very Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 507.96B | 509.56B | 472.40B | 439.57B | 382.56B | 359.71B |
| Gross Profit | 105.88B | 99.66B | 77.46B | 77.44B | 65.47B | 69.94B |
| EBITDA | 90.68B | 92.69B | 72.72B | 77.94B | 64.06B | 69.33B |
| Net Income | 31.39B | 32.06B | 26.50B | 26.50B | 21.45B | 22.92B |
Balance Sheet | ||||||
| Total Assets | 741.63B | 749.61B | 708.26B | 629.61B | 585.38B | 541.02B |
| Cash, Cash Equivalents and Short-Term Investments | 214.54B | 221.03B | 198.64B | 173.41B | 150.75B | 138.58B |
| Total Debt | 44.45B | 44.58B | 14.28B | 14.17B | 12.58B | 12.72B |
| Total Liabilities | 154.66B | 150.69B | 118.90B | 93.48B | 96.42B | 96.37B |
| Stockholders Equity | 479.31B | 485.89B | 524.80B | 476.64B | 434.94B | 399.63B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 22.79B | 40.49B | 40.83B | 8.44B | 17.27B |
| Operating Cash Flow | 0.00 | 66.58B | 65.55B | 76.28B | 36.88B | 46.64B |
| Investing Cash Flow | 0.00 | -64.87B | -31.56B | -56.43B | -20.26B | -41.65B |
| Financing Cash Flow | 0.00 | -19.97B | -25.95B | -3.82B | -13.48B | -13.02B |
Stanley Electric Co Technical Analysis
Negative
3175.00
Price Trends
3079.55
Negative
3079.79
Negative
2991.94
Negative
Market Momentum
-73.73
Positive
36.01
Neutral
26.43
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6923, the sentiment is Negative. The current price of 3175 is above the 20-day moving average (MA) of 2994.07, above the 50-day MA of 3079.55, and above the 200-day MA of 2991.94, indicating a bearish trend. The MACD of -73.73 indicates Positive momentum. The RSI at 36.01 is Neutral, neither overbought nor oversold. The STOCH value of 26.43 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:6923.
Stanley Electric Co Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | ¥48.70B | 7.97 | 8.46% | 2.64% | -6.35% | 18.49% | |
78 Outperform | ¥283.77B | 8.56 | 6.37% | 2.88% | 4.86% | 10.95% | |
76 Outperform | ¥716.21B | 14.05 | 7.20% | 2.41% | -0.73% | 88.36% | |
75 Outperform | ¥494.22B | 7.76 | 8.58% | 2.62% | 1.44% | -0.92% | |
72 Outperform | ¥7.96T | 15.56 | 8.97% | 1.38% | 4.96% | 8.64% | |
67 Neutral | ¥5.29T | 10.20 | 6.98% | 2.98% | 2.41% | 11.03% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
* Consumer Cyclical Sector Average
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Stanley Electric Co Corporate Events
Stanley Electric Secures ¥70 Billion Loan to Fund Iwasaki Electric Acquisition
Mar 18, 2026
Stanley Electric Co., Ltd. has approved a new unsecured loan agreement with two city banks to finance its planned acquisition of shares in Iwasaki Electric Co., Ltd., a deal previously announced in January 2026 to make Iwasaki a subsidiary. The pl...
Stanley Electric Reshapes Board and Executive Lineup Ahead of 2026
Mar 18, 2026
Stanley Electric Co., Ltd. has announced a broad reshuffle of its top management, effective April 1, 2026, adjusting the roles of key executives including President Yasuaki Kaizumi, who will retain his positions as representative director, preside...
Stanley Electric Completes ¥80 Billion Share Buyback and Retires 17% of Outstanding Stock
Jan 29, 2026
Stanley Electric has completed a large-scale share buyback program and will cancel most of the repurchased shares, significantly reducing its share count. Between July 1, 2025 and January 28, 2026, the company bought back 26,291,800 shares of comm...
Stanley Electric to Acquire Iwasaki Electric, Expanding Public and Industrial Lighting Reach
Jan 29, 2026
Stanley Electric has resolved to acquire all shares of Iwasaki Electric Co., Ltd. from Lux Holdings, L.P., turning the long-established lighting specialist into a consolidated subsidiary. By integrating Iwasaki Electric’s strengths in outdoo...
Stanley Electric Posts Modest Sales Growth but Profit Hit by Tariffs and Chip Shortages
Jan 29, 2026
Stanley Electric reported net sales of ¥380.28 billion for the nine months ended December 31, 2025, a 1.2% year-on-year increase, while operating income fell 13.2% to ¥28.58 billion, pressured by U.S. tariffs, semiconductor shortages and...
Stanley Electric Lifts EPS and Dividends Despite Lower Profit Margin Outlook
Jan 29, 2026
Stanley Electric reported a modest 1.2% increase in net sales to ¥380.3 billion for the nine months ended December 31, 2025, but saw operating profit fall 13.2% and ordinary profit drop 8.9%, even as profit attributable to owners of parent ro...
Stanley Electric Nears Completion of Large-Scale Share Buyback Program
Jan 5, 2026
Stanley Electric Co., Ltd. has reported the latest progress on its share buyback program authorized by its board in June 2025, executing the purchase of 1,819,400 shares of its common stock for approximately ¥5.6 billion between December 1 an...
Stanley Electric and Mitsubishi Electric Mobility Delay Effective Date of Lamp Systems Joint Venture Split
Dec 26, 2025
Stanley Electric and Mitsubishi Electric Mobility have postponed the effective dates for the absorption-type company split that will establish their joint venture for next-generation vehicle lamp systems, shifting the schedule from early January 2...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.